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TCH Technicolor

6.61
0.00 (0.00%)
31 May 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
Technicolor NYSE:TCH NYSE Ordinary Share
  Price Change % Change Share Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 6.61 0.00 01:00:00

TECHNICOLOR, One of the World's Leading Providers Of TV Set-top Boxes, Signs Three-year Extension with DIRECTV

11/09/2013 5:35pm

GlobeNewswire Inc.


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                                                                   PRESS RELEASE



  Technicolor, One of the World's Leading Providers Of TV Set-top Boxes, Signs
                       Three-year Extension with DIRECTV


Paris (France), September 11(th), 2013 - Technicolor (Euronext Paris: TCH) today
announced  the  signing  of  a  three-year  contract  extension  to continue the
development  and offering of a  range of High Definition  set-top boxes and home
video services for DIRECTV.

Over the past 20 years Technicolor has been a reliable provider of set-top boxes
to  DIRECTV,  developing  a  satellite  TV  technology  skillset  and  portfolio
positioning  Technicolor last year  as the second  largest worldwide set-top box
provider. (Shipments in 2012) - source Infonetics.

"Technicolor has been a strategic business partner for DIRECTV for over two
decades and has been a supplier in every set-top box product category available
for DIRECTV," said Barbara Bessolo, SVP and head of Technicolor's Connected Home
Americas. "We are honored to continue that relationship."

"Technicolor has consistently delivered the reliable, high quality products we
need in order to remain at the forefront of the satellite television industry,"
said Henry Derovanessian, senior vice president, Hardware Engineering for
DIRECTV. "We look forward to continuing our relationship and our leadership
position as we enter new frontiers of innovation in the delivery of the best
television viewing experience to our subscribers throughout the United States
and Latin America."


                                      ***

About Technicolor

Technicolor,  a  worldwide  technology  leader  in  the  media and entertainment
sector,  is at the forefront of digital innovation. Our world class research and
innovation  laboratories enable  us to  lead the  market in  delivering advanced
video  services to  content creators  and distributors.  We also benefit from an
extensive   intellectual   property  portfolio  focused  on  imaging  and  sound
technologies, based on a thriving licensing business. Our commitment: supporting
the  delivery of exciting  new experiences for  consumers in theaters, homes and
on-the-go. Euronext Paris: TCH  Ÿ  www.technicolor.com



Contacts

Press: +33 1 41 86 53 93

technicolorpressoffice@technicolor.com

Investor relations: +33 1 41 86 55 95

investor.relations@technicolor.com


Technicolor Signs Three-year Extension with DIRECTV: http://hugin.info/143597/R/1728635/577332.pdf

[HUG#1728635]

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